11th Bipartite Settlement UpdatesCharter of Demands being submitted by Workmen Union of Banks to Indian Banker’s Association (IBA) for wage settlement which is due on 1st November 2017. The Charter of Demands submitted by Umbrella of Bank’s Union on behalf of all the clerks and subordinate staff of Public sector banks in India.

In Charter of Demands submitted by workmen Union of Banks, ask for various facilities and perks other than increase in salary demands. The major highlights of Charter of Demands of Workmen in Public Sector Banks are :

The Umbrella of Workmen Union who submitted the charter of Demands for 11th Bipartite settlement of Wage revision to IBA are :

ALL INDIA BANK EMPLOYEES’ ASSOCIATION ( AIBEA) 
NATIONAL CONFEDERATION OF BANK EMPLOYEES (NCBE) 
BANK EMPLOYEES FEDERATION OF INDIA (BEFI) 
INDIAN NATIONAL BANK EMPLOYEES FEDERATION (INBEF)
NATIONAL ORGANISATION OF BANK WORKERS (NOBW)  
 
 
Highlights of Charter of Demands for Workmen Union Are :
1. Revision and improvement in Pay Scales by merger of Dearness Allowance upto October, 2017 and with additional loading thereon. 
 
2. Merging Special Allowance with Basic pay.  
 
3. Improvements in Special Pay, PQP, FPP and Stagnation Increment 
 
4. Revised DA formula and improvement in compensation against price rise. 
 
5. Provision of housing accommodation/quarters for all clerical and substaff and  payment of HRA on the lines of officers.
 
6. Introduction of Education Allowance  
 
7. Substantial increase in Transport Allowance /reimbursement of petrol cost 
 
8. Improvements in leave benefits and LFC entitlement; Introduction of Leave Bank system.
 
9. Increase in Annual Medical Aid and review for improvements in medical insurance scheme . Unilateral changes in the scheme to be withdrawn. The rate of medical Insurance after retirement to be discussed with the unions before renewal.
 
10. Bonus for all employees without any ceiling
 
11. Removal of ceiling on Gratuity under the Gratuity Act.
 
12. Total exemption from Income tax on entire retirement benefits including Leave Encashment. 
 
13. DA linked defined and assured pension scheme in lieu of NPS
 
14. Introduction of 5 Day banking service in the remaining weeks of the month apart from 2nd. And 4th. Week. 
 
15. Improvement in Special Area Allowance and special compensatory provisions for North East, Himachal Pradesh and Jammu & Kashmir 
 
16. Regular banking jobs and services not to be outsourced and all existing contract employees to be regularized and absorbed 
 
17. Adequate recruitment of clerical and substaff in all Banks 
 
18. Implementation of Supreme Court order on equal wage for equal work for existing temporary and contract employees till the vacancies are filled up by regular employees. 
 
19. Proper implementation of compassionate ground appointment scheme . The clause of 5% quota in respect of total recruitment to be deleted. 
 
20. All part time employees to be converted as full time employees 
 
21. Improvement in Other Allowances and other service conditions like Diem Allowance/Halting allowance, hotel rent reimbursement , Project Area Allowance, etc.
 
22. Deletion of Para 522(1) of Sastry Award 
 
23. Disciplinary Action Settlement – review of certain provisions like Clause 5 (j) which are being misused. 
 
24. Better compensation on transfer of employees on deployment policy
 
25. Restoration of BSRB 26. Intra-cadre career progression scheme for Awardstaff.
 
27. Improvement in pension scheme on the lines of Government scheme on rate of pension, periodical updation, family pension, same DA for pre 2002 Nov. retirees, etc.
 
28. Revision in Ex Gratia Pension for  pre-1986 non SBI retirees.
 
29. Follow up of the issues covered by Record Note dated 25-5-2015 
 
30. Extension of medical scheme and LFC to retirees as in the case of in service employees
 
31. Uniform guidelines on quantum and rate of interest on staff loans 
 
32. Improved housing loan to staff at nominal interest 
 
33. Allocation of fund for Staff Welfare Schemes based on Operating Profits and setting apart a portion of it for schemes for retirees 
 
34. Improvement in guidelines in relation to physically challenged/ differently abled employees
 
35. Special provisions for women employees on the lines of 7th Pay Commission recommendations. 
 
36. Uniform guidelines on fitment for Ex-servicemen joining the Banks. 
 
37. Improvement in remuneration of Daily Deposit Collectors 
 
38. Parity in wages and service conditions for RRB employees. 
 
39. Internal and external relativity to be maintained. 
 
40. Settlement to be effective from 1-11-2017 for next three years.

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